At first I thought Ms. Hough was wearing some variation of kurta pajamas/churidars/shalwar kameez, but it seems like it's just a dress over pants. Are dresses over pants back? Emma Watson says yes. Official caption:

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NEW YORK, NY - FEBRUARY 11: Julianne Hough attends 'Safe Haven' New York Screening at Sunshine Landmark on February 11, 2013 in New York City. (Photo by Dimitrios Kambouris/Getty Images)